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Young People Should Say No to Obamacare: The program needs them, but it’s not worth signing on.
National Review ^
| 06/21/2013
| John Fund
Posted on 06/21/2013 5:48:23 AM PDT by SeekAndFind
click here to read article
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To: SeekAndFind
To: SeekAndFind
Here's an overwhelming reason they won't sign up; student loan and credit card debt.
Which is why Ubama must have the US taxpayer eat outstanding student loans.
3
posted on
06/21/2013 5:52:32 AM PDT
by
E. Pluribus Unum
(Religious faith in government is far crazier than religious faith in God.)
To: SeekAndFind
All of this is disaster without TORT REFORM!
To: SeekAndFind
LOVE! that picture. I had a good laugh out loud at the expense of those fools..
To: E. Pluribus Unum
No student loan, no credit card debt here.
Also not paying for Obamacare. Obama’s welcome to penalize me for 95/year, but thanks to the atty general here - it’s unenforceable.
6
posted on
06/21/2013 6:13:39 AM PDT
by
JCBreckenridge
(Un Pere, Une Mere, C'est elementaire)
To: clarissaexplainsitall
Young people who do NOT join the bandwagon of Odumbocare will suffer the fate of the IRS. “Payup or else!”
7
posted on
06/21/2013 6:14:43 AM PDT
by
DaveA37
(I'm for SMALLER , HONEST government)
To: SeekAndFind
The online application that has become the standard for everyone seeking Obamacare subsidies for coverage runs to more than 60 pages worth of questions, demanding information on income, family status, details on any health insurance offered at an applicants workplace, and lifestyle. I'm not 27 .... and I'm not sure what I'm going to do, but it won't be Obamacare.
8
posted on
06/21/2013 6:29:12 AM PDT
by
MissMagnolia
(You see, truth always resides wherever brave men still have ammunition. I pick truth. (John Ransom))
To: SeekAndFind
If someone is 27 years old, single, and making $34,000 a year, he will have to fork over more than $300 a month for a basic health-care package thats 50 percent more than he is likely paying now. Obamacare would send him a check for $20 a month through its subsidy program, but he or she will still wind up paying some $1,000 a year of after-tax income for basic health insurance.
Maybe I'm one of those "old math" geezers, but if they pay $300/month, that's $3600 a year. Even with a subsidy of $20/month ($240), it's still $3360/year, not $1000. Am I missing something?
9
posted on
06/21/2013 6:32:02 AM PDT
by
chrisser
(Senseless legislation does nothing to solve senseless violence.)
To: SeekAndFind
I love this short, simple article. Pay $95 or well over a thousand for a young low wage worker? I’m going to put this on my waiting room.
The other thing the article does not state is that there will still be co-pays and deductibles further increasing out of pocket costs.
Most low wage workers w/o insurance will not fall for the BS.
10
posted on
06/21/2013 6:42:25 AM PDT
by
grumpygresh
(Democrats delenda est.)
To: SeekAndFind
11
posted on
06/21/2013 6:57:18 AM PDT
by
Excellence
(9/11 was an act of faith.)
To: SeekAndFind
If young people boycott Obamacare, the law of adverse selection kicks in. Too few young people in an insurance pool means fewer healthy people to subsidize the sicker people. Costs and premiums will rise more than expected, which will lead to fewer young people signing up and costs going up even more. In insurance jargon, its called a death spiral. All of which gets us closer to nobama's ultimate goal: Single Payer.
12
posted on
06/21/2013 7:02:32 AM PDT
by
upchuck
(To the faceless, jack-booted government bureaucrat who just scanned this post: SCREW YOU!)
To: SeekAndFind
They can’t pay their student loans. They certainly are not going to sign up for Obamacare. Millions of people are just not going to bother with it.
13
posted on
06/21/2013 7:17:23 AM PDT
by
Georgia Girl 2
(The only purpose of a pistol is to fight your way back to the rifle you should never have dropped.)
To: SeekAndFind
So there will be a budget shortfall? No problem, McCain and Graham to the rescue.
14
posted on
06/21/2013 7:27:01 AM PDT
by
SC_Pete
To: chrisser
Probably taking into account that the premiums are tax deductible so that lowers out of pocket.
To: Georgia Girl 2
Being of the generation that was subject to the draft, I wonder how long it will be before it is reinstated as a way to put younger people into the system. I hope it isn’t so but I recall how unfair it was to those families without the means to avoid going.
To: chrisser
I did the same calculation and got the same answer you did.
Numbers in article don’t seem to add up.
To: SeekAndFind
Not sure why it is just the young that will opt for the penalty. Why not old people too?
To: SeekAndFind
To the young people that voted for Obama but don’t want to pay the premiums for Obamacare:
What the heck did you expect? This IS the socialism you voted for!
To: grumpygresh
I love this short, simple article. Pay $95 or well over a thousand for a young low wage worker? Im going to put this on my waiting room. The other thing the article does not state is that there will still be co-pays and deductibles further increasing out of pocket costs. Most low wage workers w/o insurance will not fall for the BS.
And those co-pays are costly. $45 for a doctor visit. $50 for a generic prescription. If you want a name-brand, you have to meet a $500 deductible first.
This is NOT the coverage people thought they were getting.
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